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Andrew Yang, candidate for the Democratic presidential nomination, addresses a campaign rally at Seattle’s Gas Works Park Friday evening. (GeekWire Photo / Todd Bishop)

Analysts at GF Securities said that foreign securities firms in China have the advantage in areas including derivative trading, asset management and wealth management services over local players. But it is challenging for foreign firms to compete in the onshore securities brokerage and underwriting business in the short run given that they may face limited market channels and higher capital constraints.

Andy Edwards, global director of brand and marketing communications of travel booking firm Agoda, also agreed that wealthy Chinese travelers seek adventurous, undiscovered destinations rather than going to common recreational resorts.

Analysts, pundits and politicians are wondering why.

And that's exactly how Harman wins hearts in the market. Since its establishment in 2009, Harman China has achieved rapid growth. It reaped more than billion in sales in the China market in 2017, up from about 0 million almost a decade ago.